Category: Regional News

  • Man jailed for trafficking Jamaican nationals

    Man jailed for trafficking Jamaican nationals

    (CMC) — A 44-year-old farmer in Guyana has been jailed for four years after he was found guilty of trafficking two Jamaican women. A Guyana Police Force (GPF) statement said that Tito Browne was also sentenced to one year imprisonment on the count of withholding the passports of the two Jamaican nationals. Browne, who was…

  • Dominica’s Cultural icon Dr Alwin Bully has died

    Dominica’s Cultural icon Dr Alwin Bully has died

    (DNO) — Cultural icon, Dr Alwin Bully has died. Reports indicate he died on Friday afternoon. He was the designer of Dominica’s national flag and was bestowed the Sisserou Award of Honor, the island’s second highest honor, for his work. Dr Bully was also a famed playwright, director, graphic artist, set designer, poet and short…

  • CCJ dismisses part of discrimination lawsuit in Clico bailout

    CCJ dismisses part of discrimination lawsuit in Clico bailout

    (Trinidad and Tobago NEWSDAY) — Part of a discrimination case brought against the State by a group of Clico and British American policyholders from the Eastern Caribbean was dismissed on Wednesday by the Caribbean Court of Justice (CCJ). The group claim they were discriminated against after the TT government bailed out CL Financial in 2009…

  • OECS Commission takes bold step to empower Youth and tackle crime

    OECS Commission takes bold step to empower Youth and tackle crime

    The Member States of the Organisation of Eastern Caribbean States (OECS) have long been plagued by high rates of violent crime, disproportionately affecting young people between the ages of 15 and 29. The OECS Commission, in partnership with the United States Agency for International Development (USAID), continues to take bold steps  targeted at reducing crime…

  • Flight turbulence

    Flight turbulence

    (Trinidad Express) — It is much more difficult to get to Trinidad and Tobago by plane than it was pre Covid-19 due to the loss of all Liat’s flights, all flights out of Canada, except Caribbean Airlines and a significant reduction in service out of Florida. Figures provided to the Express Business by the Airport’s…

  • Eastern Caribbean Green Entrepreneurship Initiative Opens Applications for Third Cohort of Incubator Program

    Eastern Caribbean Green Entrepreneurship Initiative Opens Applications for Third Cohort of Incubator Program

    The Eastern Caribbean Green Entrepreneurship Initiative (EC Greenpreneurs) is proud to announce the launch and call for applications for the third cohort of its Incubator program, aimed at supporting green entrepreneurs in the Eastern Caribbean region. Following the success of the first two cohorts in 2021 and 2022, the program once again seeks to help early-stage…

  • CTO reports promising outlook for the region in 2023

    CTO reports promising outlook for the region in 2023

    Despite global pressures such as high inflation, the war in Ukraine, the ensuing energy crisis, and an impending economic recession, the outlook for Caribbean travel and tourism is favorable, according to the Barbados-based Caribbean Tourism Organization (CTO). Delivering the region’s 2022 “Tourism Performance and Outlook Report” in Bridgetown today, Neil Walters, Acting Secretary General of…

  • Caribbean food security at risk from the impact of disaster-related events

    Caribbean food security at risk from the impact of disaster-related events

    By Chalsey Gill Anthony On an ordinary day, you get in, start your vehicle, turn on your favourite radio station, and drive to work. While bopping your head and humming to a catchy tune, you hear “We interrupt this segment for an important broadcast…” As you try to settle in at your desk, the notifications…

  • Injunction to prevent repatriation of Haitian nationals from St. Kitts and Nevis discharged

    Injunction to prevent repatriation of Haitian nationals from St. Kitts and Nevis discharged

    Resident High Court Judge Justice Patrick Thompson, on March 6, discharged the injunction granted on February 25, to prevent the repatriation of Haitian Nationals who entered St Kitts and Nevis from Dominica by boat on February 3. The Ministry of National Security has undertaken to process the asylum requests tendered by local attorney-at-law, Craig Tuckett.…

  • Venezuelans still miss Chavez, want Maduro to do ‘better’

    Venezuelans still miss Chavez, want Maduro to do ‘better’

    (AP) — In his last televised message before dying of cancer, the late President Hugo Chavez told Venezuelans to choose Nicolas Maduro as his successor, promising that the leftist policies that oversaw a reduction in poverty would continue under the then-vice president’s guidance. That promise remains unfulfilled 10 years later. Venezuelans find themselves in a…

  • Florida flight returns to Cuba after birds cause engine fire

    Florida flight returns to Cuba after birds cause engine fire

    (AP) — A flight to Florida from Cuba was forced to turn back Sunday after it struck birds that caused an engine to catch fire and filled the cabin with smoke, a news report said. Southwest Airlines flight 2923 headed to Fort Lauderdale, Florida, returned to Havana after striking the birds, WSVN-TV reported. No injuries…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]